There is less and less manpower, but more and more wages. Wages continue to rise in Belarus. Companies still don't have enough people, so employers continue to actively raise salaries. This keeps consumer demand high, write experts from the Eurasian Development Bank. Real wages - that is, taking inflation into account - grew by 7.4% annually in September. This is significantly lower than the growth in August (8.1%). However, employers continue to raise wages due to labor shortages. At the same time, unemployment dropped from 2.1% in the second quarter to 1.9% in the third quarter. This is a historic low. Additional income support for public sector workers was provided by the increase in the basic wage rate from September. Real wage growth in Belarus continues to support consumer activity, the analysis says. Blanobosti on X / Instagram.

There is less and less manpower, but more and more wages. Wages continue to rise in Belarus. Companies still don't have enough people, so employers continue to actively raise salaries. This keeps consumer demand high, write experts from the Eurasian Development Bank. Real wages - that is, taking inflation into account - grew by 7.4% annually in September. This is significantly lower than the growth in August (8.1%). However, employers continue to raise wages due to labor shortages. At the same time, unemployment dropped from 2.1% in the second quarter to 1.9% in the third quarter. This is a historic low. Additional income support for public sector workers was provided by the increase in the basic wage rate from September. Real wage growth in Belarus continues to support consumer activity, the analysis says. Blanobosti on X / Instagram.